Welcome to our current system of taxation.  You know the simple process of picking dependents, spouses, claimants, merchants, clergy, politicians, hobbits, muggles, bigots, tempests, magistrates, and pets that all qualify you for various tax breaks.  Of course you pay a certain tax based on how much money you make.  Most states also make you pay [...]

Welcome to Tax Week!  The week where we discuss… taxes.  No this isn’t about tax brackets, tax breaks, and offshore bank accounts.  Instead I was inspired after an event that frustrated me to no end.  Remember those stimulus checks we all got last year that were supposed to save our economy?  Yeah well the economy [...]

Your first thought might have been that I’m a huge Virginia Tech fan.  That isn’t quite true, I’m marrying into a Virginia Tech family.  This weekend my fiance and I are traveling to Blacksburg, VA to visit her cousin, a current student at the school. We also want to go because we haven’t made a [...]

This has been one of those weeks the history books will remember. This AIG bonus thing is a crock big, stinky, soupy, steamy, bi-partisan poo. I said on Wednesday that the media outrage is focusing on the wrong villains here. AIG, for all its faults, is simply keeping with a contract. Timothy Geithner understood this [...]

This morning you read about Bernanke’s attempt to ruin savers for being conservative.  I teased that this view might be short sighted.  The exciting conclusion starts now. The Federal Reserve may be punishing savers, but that might be the right thing to do.  No this isn’t a rant about encouraging you savers to start spending [...]

If you haven’t been following the Fed meetings like it’s the NCAA championship you might have missed the announcement yesterday that the Federal Reserve (led by Bernanke) will start buying Treasury bonds as a matter to combat deflation.  That alone doesn’t sound so bad.  The big worry at the latest meeting is that we face [...]

Man the media is getting all up in a hissy-fit about this AIG bonus thing.  And when the media tells you to care, you listen.  In turn, now the public is mad.  Since the public is mad, now Obama has to waste time pretending to be mad.  The Weakonomist must confess to a tweet or [...]

I heard an awful rumor the other day. Someone told me that we were in this awful recession and no one had any money to spend. Even worse, no one can borrow money! Because of this our economy is feeling quite frozen. The real downside to this news is we have millions of people out [...]